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Income Tax Act 2007

Definitions and related matters - Associated persons and nominees - Table Y1: Associated person rules

YB 18: Persons habitually acting together: 1988 version provisions

You could also call this:

“Old rule about people working together regularly no longer applies”

The law used to have a rule about people who usually work together. This rule was part of something called ‘Table Y1: Associated person rules’ in the Income Tax Act 2007. The rule was named ‘Persons habitually acting together: 1988 version provisions’. However, this rule no longer exists. It was removed from the law on 1 April 2010. The government made this change when they updated some tax rules about international matters and life insurance.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1523040.

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Money and consumer rights > Taxes
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Part Y Definitions and related matters
Associated persons and nominees: Table Y1: Associated person rules

YB 18Persons habitually acting together: 1988 version provisions (Repealed)

    Notes
    • Section YB 18: repealed, on , by section 563(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).